Defence Production At Record Rs 1.27 Lakh Cr

New Delhi: The government is committed to making the defence industry export-oriented with India as a global manufacturing hub, Defence Minister Rajnath Singh said on Friday, as annual defence production touched a record high of Rs1.27 lakh crore in FY2023-24.

Addressing the annual session of the Society of Indian Defence Manufacturers (SIDM) here, Minister Singh described the ongoing Russia-Ukraine conflict as a reminder to build a strong defence industrial base, which can be bolstered and expanded with time.